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I put this up yesterday and didn't receive an answer. Please help! 15. Reverend Jones used his car for church business and self-employed personal services
I put this up yesterday and didn't receive an answer. Please help!
15. Reverend Jones used his car for church business and self-employed personal services to the congregation. His records show he drove 2,577 miles for church business and 454 miles for self-employed services. He spent $231 on professional journals and $87 for marriage and family booklets. What is Reverend Jones's deductible amount of employee business expenses (before the 2% of AGI limit) and what is his deductible self-employed (SE) business expense? For the Deason Rule" allocation purposes, use 23.06%. a) $1,239 employee business expenses and $330 SE business expense b) $1,610 employee business expenses and $187 SE business expense c) $1,239 employee business expenses and $187 SE business expense d) $1,239 employee business expenses and $254 SE business expenseStep by Step Solution
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